Rajandran R FollowCreator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
Mini Nifty Trade based on our learnings
15 sec read
The below trade is based on our observation on Ichimoku and GANN FAN with Nifty.
5225 will be EOD resistance go and short on bounce back with intraday stop loss of 5280 positional target will be 5050
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Trade will be closed if any day nifty closes above 5225 on EOD basis or 5280 on intraday basis.
Minimum Profit 175×20 = 3500 in mini nifty futures
Max Loss = 65×20 = Rs 1300 in mini nifty futures
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Rajandran R FollowCreator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
TRADE FAILED…THINK WE SHOULD WAIT FORANOTHER DAY CLOSE AS TODAY WAS EXPIRY
Yeah Trade Failed. But still nifty is below the cloud resistance 5280. Trend will turn up if nifty closes above 5280
SIR
GIVE MI ONE NICE SIGNALS ARROW FOR BUY AND SELL AFL CODE
THANK U